Internal audit

These services constitute an objective examination of information, carried out by an internal auditor as to offer independent opinion or conclusion relating process, system or other object assessment. The definition and scope is determined by an auditor. The service is carried out on a consultant basis based on the specific requirement of a client.

The internal auditor observes objectivity during the consultation service and does not assume managerial responsibility. The audit is an independent activity focused on adding value and improvement to an organization. The audit helps a client by applying a systematic methodical approach to the evaluation and improvement of risk management systems, operative and control processes, management and administration.

Emphasis is given to:

• appropriate identification and risk management,
• cooperation with different groups within the system of management and administration,
• accuracy,
• responsibility,
• timely financial, managerial and operational information,
• the approach of employees to company policies, standards, internal guidelines, legislation, regulations,
• effective utilization of resources,
• achieving programmes,
• controlling,
• management processes supporting quality,
• improvement processes.